For the second week, large speculators pulled back slightly on their bullish platinum futures and options positions on the Comex division of the New York Mercantile Exchange in the latest weekly commitments of traders report from the Commodity Futures Trading Commission, as signs of progress in South Africa labor talks were expected.
In palladium, however, these traders gave a modest boost to their bullish positions in both the agency’s disaggregated and legacy reports. Yet for gold and silver, large speculators’ activity was mixed between the two reports, with mostly minor position changing seen. In copper, fund activity was also mixed, with these traders turning net long in the disaggregated report. The data covers trade through April 29...............................................Full Article: Source